1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:17,520 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:17,640 --> 00:00:18,919 Speaker 3: What we need to do now is look at the 5 00:00:18,960 --> 00:00:22,440 Speaker 3: stock movers maybe in videos in there, who knows, maybe 6 00:00:22,560 --> 00:00:24,079 Speaker 3: United maybe Jeff Blue. 7 00:00:24,200 --> 00:00:24,919 Speaker 1: Let's take it took. 8 00:00:25,200 --> 00:00:27,880 Speaker 3: Let's take a look rather at the stocks on the 9 00:00:27,920 --> 00:00:29,920 Speaker 3: move today with us Lisa Matteo. 10 00:00:30,080 --> 00:00:32,000 Speaker 4: Yeah, right, and we'll start with in video. Those shares 11 00:00:32,000 --> 00:00:34,520 Speaker 4: have been up as much as six percent before the open. 12 00:00:34,920 --> 00:00:37,080 Speaker 4: There were a lot of concerns about a Chinese slowdown 13 00:00:37,120 --> 00:00:40,880 Speaker 4: that was pretty much squashed. They had a solid sales forecast. 14 00:00:41,200 --> 00:00:43,400 Speaker 4: It was this fight though an estimated eight billion dollar 15 00:00:43,560 --> 00:00:46,559 Speaker 4: loss of revenue in China because of restrictions. Then you 16 00:00:46,600 --> 00:00:49,560 Speaker 4: had CEO Jensen Wong kind of setting the tone. He said, 17 00:00:49,600 --> 00:00:53,319 Speaker 4: AI computing market is still set for exponential growth. So 18 00:00:53,360 --> 00:00:56,280 Speaker 4: the specifics it expects revenue about forty five billion dollars 19 00:00:56,280 --> 00:00:59,760 Speaker 4: in the second fiscal quarter. Now, aside from that, we 20 00:00:59,760 --> 00:01:03,600 Speaker 4: also have salesforce. Their shares actually losing momentum, so this 21 00:01:03,680 --> 00:01:07,640 Speaker 4: is kind of a back turn. They were higher before 22 00:01:07,680 --> 00:01:10,720 Speaker 4: the bell, they're shifting lower. So the good news is 23 00:01:10,720 --> 00:01:13,240 Speaker 4: that it raises Annuel forecast, a good sign for AI 24 00:01:13,760 --> 00:01:16,919 Speaker 4: agent product, that product they have. What's causing the shift 25 00:01:17,000 --> 00:01:19,760 Speaker 4: lower is that it was a downgraded RBC capital market. 26 00:01:19,840 --> 00:01:21,399 Speaker 4: So that was the reason why they say they have 27 00:01:21,440 --> 00:01:24,440 Speaker 4: a problem with that acquisition of Informatica that was for 28 00:01:24,480 --> 00:01:25,800 Speaker 4: about eight billion dollars. 29 00:01:26,040 --> 00:01:27,240 Speaker 1: I like, how you put this together? 30 00:01:27,280 --> 00:01:30,560 Speaker 3: But Paul, with the conversations we've had incleading Dani's and 31 00:01:30,600 --> 00:01:33,880 Speaker 3: I even finds that it was a fire. Basically, AI 32 00:01:34,120 --> 00:01:39,040 Speaker 3: goes it present from Nvidia to where it benefits salesforce 33 00:01:39,120 --> 00:01:39,880 Speaker 3: down the road. 34 00:01:39,800 --> 00:01:40,600 Speaker 1: Right down the road. 35 00:01:40,760 --> 00:01:42,720 Speaker 2: That's a fair suck, I think it is, you know, 36 00:01:42,920 --> 00:01:44,840 Speaker 2: but they're pretty good numbers out of salesforce. 37 00:01:44,840 --> 00:01:46,960 Speaker 4: I thought, I don't know what else this is not 38 00:01:47,440 --> 00:01:49,560 Speaker 4: doing so well. That would be HP. So their shares 39 00:01:49,560 --> 00:01:51,080 Speaker 4: have been down as much as one person. 40 00:01:51,200 --> 00:01:53,520 Speaker 1: Could you do anything besides technology? 41 00:01:54,000 --> 00:01:57,680 Speaker 4: I will, we will get to it. So their profit 42 00:01:57,720 --> 00:02:00,440 Speaker 4: AULO fell short cut. It's annual earnings for US right 43 00:02:00,440 --> 00:02:03,720 Speaker 4: weaker economy tariffs, that's what they're pointing to reduce its 44 00:02:03,760 --> 00:02:06,480 Speaker 4: Daniel adjusted profit outlook. But it's a big maker of 45 00:02:06,480 --> 00:02:09,320 Speaker 4: computers and printers and CEO said, demand for computers. Well, 46 00:02:09,320 --> 00:02:11,320 Speaker 4: you know what, that's just being hot hurt because of 47 00:02:11,360 --> 00:02:14,560 Speaker 4: the weaker economy and those industry wide price increases. So 48 00:02:14,600 --> 00:02:16,880 Speaker 4: that's their problem. And since we don't want to talk 49 00:02:16,919 --> 00:02:20,240 Speaker 4: tech anymore, well, Coals okay, it shares a bit up 50 00:02:20,320 --> 00:02:23,920 Speaker 4: five percent. This company has really been suffering competition, posted 51 00:02:23,960 --> 00:02:27,040 Speaker 4: revenue declines for three years. But it got some good 52 00:02:27,080 --> 00:02:31,359 Speaker 4: news better than expected comparable sales, affirmed its full yer outlook. 53 00:02:32,040 --> 00:02:34,440 Speaker 4: It's using a new strategy and its stores. It also 54 00:02:34,520 --> 00:02:37,679 Speaker 4: has some internal changes. Remember they ousted their CEO who 55 00:02:37,720 --> 00:02:39,839 Speaker 4: was there for just a few months. Now, it's listen, 56 00:02:40,919 --> 00:02:41,560 Speaker 4: I cut you off. 57 00:02:41,800 --> 00:02:44,120 Speaker 1: This is Coals of the Midwest. 58 00:02:44,000 --> 00:02:48,360 Speaker 2: Coons departments, Nomine faults. 59 00:02:48,400 --> 00:02:52,120 Speaker 1: I didn't know that's outside of Milwaukee, home of your 60 00:02:52,320 --> 00:02:54,880 Speaker 1: strong funds. You'll know that we're not allowed to talk 61 00:02:54,880 --> 00:02:58,760 Speaker 1: about the Milwaukee groups. Yes, swept the red socks. So 62 00:02:58,919 --> 00:03:00,240 Speaker 1: Cole's what up? 63 00:03:00,880 --> 00:03:05,280 Speaker 4: Yes, it is because they're seeing better times now. If 64 00:03:05,280 --> 00:03:08,480 Speaker 4: they're making these new strategies, they're expanding petite sizes, they're 65 00:03:08,560 --> 00:03:11,440 Speaker 4: changing their stores, and they have a lot of internal changes. 66 00:03:11,560 --> 00:03:14,760 Speaker 1: My shopping when I see Pete oh Way. 67 00:03:15,880 --> 00:03:20,000 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 68 00:03:20,080 --> 00:03:22,840 Speaker 2: us throughout the day for the latest roundup of companies 69 00:03:22,880 --> 00:03:25,960 Speaker 2: making news on Wall Street and for the latest market 70 00:03:25,960 --> 00:03:30,359 Speaker 2: moving headlines. 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